On the Aggregate Implications of Removing Barriers to Formality

Catalina Granda Carvajal () and Franz Hamann
Authors registered in the RePEc Author Service: Catalina Granda-Carvajal ()

Review, 2020, vol. 102, issue 2, 203-220

Abstract: This article examines the aggregate implications of several policies aimed at removing barriers to formality. To this end, we build a dynamic equilibrium model in which heterogeneous agents choose to work for a wage or operate a technology in the formal or informal sector, based on the costs and benefits associated with these occupational choices.

JEL-codes: E26 H20 J30 L26 O17 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlrv:88590

DOI: 10.20955/r.102.203-20

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